Ford (F) Right Choice / Perfect Time

While General Motors (GM) and Chrysler have been bleeding U.S. taxpayers dry with their billions of dollars in bailout money requests, there is one U.S. automaker that not only has refused money from the federal government - they also announced today that they actually made a profit in the third quarter of 2009. Ford Motor Company (F) has not only surprised Wall Street professionals with the speed and effectiveness of cutting costs and turning a profit, they have at the same time won millions of American consumer fans by not taking federal bailout money. If there is one large company in the United States that has shown the way back to future profitability and success, that company is the Ford Motor Company.

Even today, General Motors has not found it's way back from government bailouts/bankruptcy and almost no one is saying anything positive about Chrysler. However, Ford is a different story and with the news that the Ford Motor Company made a profit in the third quarter of 2009 - I expect most Americans that love this country and want to show that love by buying an American car or truck will now be buying Ford vehicles exclusively in the future. Today, Henry Ford is likely looking down from heaven with a smile on his face and a heart filled with pride as his automobile company was the only one of the "Big Three" not to accept government bailout money.

Over the weekend, I saw some new Ford Motor Company ads during NFL football games. I must say that the new Ford Taurus is an exciting looking vehicle. I current drive a Ford Taurus and from a customer service standpoint, it is one of the most reliable cars that I have ever owned. The new Ford Taurus looks completely different than the 2004 version that I drive and I am also happy to see Ford put the Taurus SHO back into the marketplace as well. News reports today suggest that "Cash For Clunker" did help Ford Motor Company's bottom line in the third quarter of 2009 as Americans lined up to buy new Ford cars like the Focus in large numbers.

With Ford Motor Company proving that an American car company can not only survive, but profit during the recession of 2009 - the days should be over when GM and Chrysler are allowed to show up again in Washington D.C. to ask for even more taxpayer bailout money. The fact is that it was not the recession of 2009 that drove GM and Chrysler into bankruptcy, but it was terrible management right from the top of those two companies that destroyed them. While the U.S. federal government seems to have a love affair with poorly run automobile companies that cannot earn a profit, I have a feeling the American people are going to think in the opposite way and direct most of their automobile purchases in the future to the Ford Motor Company as a reward for running their company right.